NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,495,000

4 Beds
4 Baths
2,140 Sq Ft
$576/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $785,000 $367 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,755/month

26 Days on Market

Highlights

  • Lake View
  • Deck
  • Slate Flooring
  • Hazelwood Elementary School Rated 9+
  • Patio
  • 4-minute walk to Kennydale Beach Park

About This Home

As of December 2016

Arguably one of the hottest neighborhoods in King County is Kennydale & this sweeping Lake view duplex offers an income producing opportunity bound to only go up! With 2 bedrooms & 1.5 baths on either side, these townhome style units offer a contemporary style perched high above the lake offering floor to ceiling windows, multiple decks & patio views. Unit updates include carpet, hardwood, slate, stylish tile work, cabinets, vanities & lighting. Both units have private garages, storage & yard.

Last Agent to Sell the Property

Ryan Runge

American Classic Homes License #25405 Listed on: 08/04/2016

Last Buyer's Agent

Ryan Runge

American Classic Homes License #25405 Listed on: 08/04/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1003948

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,707

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 6,100 Sq Ft Lot
  • Street terminates at a dead end

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Stucco

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Kennydale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3342100085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,707

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2140
  • SOCComments: Not a short sale or REO
  • Special Features: None
  • Cumulative Days on Market: 387

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Slate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Flat
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 2352

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 3342100085
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 35
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 30191
  • Number Of Units Total: 2
  • Insurance Expense: 750
  • Leasable Area: 2140
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 7707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Dec 1, 2016
Sold by
Anwer Shumaila
Bought by
Waiss George Steven and Waiss Roberta
Seller's Agent
Ryan Runge
American Classic Homes
Buyer's Agent
Ryan Runge
American Classic Homes
List Price
$795,000
Sold Price
$785,000
Premium/Discount to List
-$10,000
-1.26%
Current Estimated Value
$1,232,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,788
Avg. Annual Appreciation
5.29%
Original Mortgage
$628,000
Outstanding Balance
$507,656
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$723,402

Purchase Details

Closed on
Feb 15, 2012
Sold by
Stevens Patricia Anne
Bought by
Anwer Shumaila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,643
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2012
Sold by
Ghafoor Rashid
Bought by
Anwer Shumaila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,643
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waiss George Steven $785,000 Chicago Title
Anwer Shumaila $448,000 Ticor National
Anwer Shumaila -- Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waiss George Steven $628,000
Previous Owner Anwer Shumaila $423,750
Previous Owner Anwer Shumaila $436,643
Previous Owner Stevens Patricia Anne $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $785,000 -1.3% $367 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $795,000 -- $371 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,607 $1,238,000 $628,000 $610,000
2023 $12,712 $1,093,000 $554,000 $539,000
2022 $10,531 $1,341,000 $680,000 $661,000
2021 $9,585 $955,000 $448,000 $507,000
2020 $9,743 $831,000 $441,000 $390,000
2018 $9,167 $773,000 $432,000 $341,000
2017 $8,313 $708,000 $393,000 $315,000
2016 $7,707 $628,000 $349,000 $279,000
2015 $6,557 $582,000 $324,000 $258,000
2014 -- $518,000 $290,000 $228,000
2013 -- $451,000 $253,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1003948

Northwest Multiple Listing Service (NWMLS)

APN: 334210-0085